Five-Unit Apartment Complex
321 S Academy Street, Opelousas, LA 70570
- Added:
- May 19, 2025
- Days on Market:
- 370
- Last Refresh:
- May 23 at 8:06 am
Property Features for 321 S Academy Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 8, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 7
- Parking
- 11
- Parking features
- Parking Lot
- Interior features
- Electric Stove Connection
- Fencing
- Chain Link
- Appliances
- Refrigerator, Electric Range
- Standard status
- Pending
- APN
- 0103228600
- Size
- 5,000 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Description
- 1 LOT (130.5X148.1) BLK 32 N VINE ST S HAYNES E ACADEMY ST W CYPRIANO ARDOIN FRONTING 130.5' ON VINE ST OPELOUSAS
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Number of units
- 5
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Composition
Listing agent Toni L Effingger License #0995680712 (337) 793-5738
Listing office RE/MAX Excellence 906 Creswell Ln, Opelousas, LA (337) 678-3663
Listing date May 19, 2025
MLS# 2020023979
Listing URL
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Potential for increased monthly yields by raising rents to market value.
- Prime location near I‑49, stores, and restaurants.
- Corner lot location provides visibility and expansion possibilities.
- Opportunity to add additional units to increase investment potential.
- Brick construction.
- Each unit has a refrigerator and electric range.
Overview
This five-unit apartment complex presents an investment opportunity in a prime location in Opelousas, Louisiana. Situated near I-49 and within walking distance of stores and restaurants, the property offers convenience and accessibility for tenants. The units are currently rented below market value, presenting an opportunity for increased monthly yields and enhanced overall property value through strategic management. Located on a corner lot, the complex provides visibility and ample space for expansion, with the potential to add additional units to cater to the growing demand in the area. The property is situated on a 0.44-acre lot and encompasses 5,000 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Opelousas
- County
- St. Landry
- State
- Louisiana
- Longitude
- -92.0754
- Latitude
- 30.53085
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit apartment complex with expansion potential in Opelousas, Louisiana.
Where is this apartment building located?
The property is located at 321 S Academy Street Opelousas, LA.
What is the asking price?
The asking price for this property is $277,900.
What are key features of this property?
This property features: Potential for increased monthly yields by raising rents to market value.; Prime location near I‑49, stores, and restaurants.; Corner lot location provides visibility and expansion possibilities.
